Dash AnalysisHello Traders,
Dash is above an very important support. The last times when we reached this level the price pumped dramaticaly. I would keep my attention to dash in case that this coin start another bull-run specially if it does a candlestick reversion or if it break out the red line.
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Dash
💡Don't miss the great buy opportunity in DASHUSDTTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (71.2). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. DASHUSDT is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 56.
Take Profits:
TP1= @ 78.65
TP2= @ 82.30
TP3= @ 93.25
TP4= @ 104.75
TP5= @ 117.50
SL= Break below S2
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💡Don't miss the great buy opportunity in DASHUSDTTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (71.2). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. DASHUSDT is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 56.
Take Profits:
TP1= @ 78.65
TP2= @ 82.30
TP3= @ 93.25
TP4= @ 104.75
TP5= @ 117.50
SL= Break below S2
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What is Dash? All about of this cryptocurrency!!!Dash is a digital currency that enables anymore, anywhere in the world to make quick, easy and cheap payments at any time without going through a central autorithy. You can to move Dash in a second or less than a cent. It's a digital money that's bettern than cash, becuase all transactionsi is near to 0 that more cheap than Bitcoin or LItecoin when you send Dash for other people, the transactions is so near to 0.
Use cases:
You can pay your friends and family
Pay airfare, utility bills and subscriptions
Groceries and Dinind out
Shop Online
Find Hotel's and lodging that accept Dash as payment method
Pay for business services
Dash was launched on 2014 with the same protocol of what Bitcoin use. Dash use the protocols proof of mining and proof of stake that guarantize that the networkd is mroe securely and mroe protected by users, stakers and miners.
My Personal Opinion:
This proyect is interesting. We could use Dash as money to pay our services, pay bills, pay friend or simply send money to people. It's interesting to know it. Well, the most that I like about of this cryptocurrency is the supply monetary limited, that mean that there wil be 18.9 million o Dash in circulation and that mean tthat supply monetary is so limited that make that Dash adoption grow up throughout of the time. I option to invest in this crypto for the bull rally 2021.
For more resources if you want to learn about Dash or simply read, please visit these links:
1. Dash's website: www.dash.org
2. Dash's Twitter: twitter.com
DASH Weekend Setup.Dash - Short term - We look to Buy at 64.4 (stop at 63.7)
We look to buy dips.
Early pessimism is likely to lead to losses although extended attempts lower are expected to fail.
Previous support located at 64.0.
A lower correction is expected.
Dip buying offers good risk/reward.
Our profit targets will be 66.6 and 67.8
Confidence - 71%
Resistance: 67.0 / 68.0 / 69.0
Support: 66.2 / 65.4 / 64.0
Dash DASHUSDT - Descending triangle + Elliott WaveBitcoin dominance is currently forming Head and Shoulders reversal pattern, that is bad for altcoins. I see this descending triangle on DASH, which is an extremely bearish setup. Also, this coin is breaking down from a major horizontal support. I still miss one more impulse Elliott wave to the downside. Please see related idea below this technical analysis for more detailed information about incoming crash.
💡Don't miss the buy opportunity in DASHBTCMidterm forecast:
While the price is above the support 0.00530, beginning of uptrend is expected.
We make sure when the resistance at 0.00850 breaks.
If the support at 0.00530 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased.
While the RSI resistance #2 at 53 is not broken, the probability of price increase would be too low.
A trough is formed in daily chart at 0.00600 on 10/10/2020, so more gains to resistance(s) 0.00655, 0.00725, 0.00780 and maximum to Major Resistance (0.00850) is expected.
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index (RSI) is 44.
Take Profits:
TP1 @ 0.00655
TP2 @ 0.00725
TP3 @ 0.00780
TP4 @ 0.00850
TP5 @ 0.00980
TP6 @ 0.01045
TP7 @ 0.01170
TP8 @ 0.01360
TP9 @ 0.01610
TP10 @ 0.02090
TP11 @ 0.02575
TP12 @ 0.03840
TP13 @ 0.04865
TP14 @ 0.05890
TP15 Free
Total Profit: 45 pip
Closed trade(s): 0 pip Profit
Open trade(s): 45 pip Profit
Trade Setup:
We opened 15 BUY trade(s) @ 0.00624 based on 'Valley' entry method at 2020.10.12.
Open Profit:
Profit for one trade is 0.00627(current price) - 0.00624(open price) = 3 pip
15 trade(s) still open, therefore total profit for open trade(s) is 3 x 15 = 45 pip
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💡Don't miss the buy opportunity in DASHBTCMidterm forecast:
While the price is above the support 0.00530, beginning of uptrend is expected.
We make sure when the resistance at 0.00850 breaks.
If the support at 0.00530 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased.
While the RSI resistance #2 at 53 is not broken, the probability of price increase would be too low.
A trough is formed in daily chart at 0.00600 on 10/10/2020, so more gains to resistance(s) 0.00655, 0.00725, 0.00780 and maximum to Major Resistance (0.00850) is expected.
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index (RSI) is 44.
Take Profits:
TP1 @ 0.00655
TP2 @ 0.00725
TP3 @ 0.00780
TP4 @ 0.00850
TP5 @ 0.00980
TP6 @ 0.01045
TP7 @ 0.01170
TP8 @ 0.01360
TP9 @ 0.01610
TP10 @ 0.02090
TP11 @ 0.02575
TP12 @ 0.03840
TP13 @ 0.04865
TP14 @ 0.05890
TP15 Free
Total Profit: 45 pip
Closed trade(s): 0 pip Profit
Open trade(s): 45 pip Profit
Trade Setup:
We opened 15 BUY trade(s) @ 0.00624 based on 'Valley' entry method at 2020.10.12.
Open Profit:
Profit for one trade is 0.00627(current price) - 0.00624(open price) = 3 pip
15 trade(s) still open, therefore total profit for open trade(s) is 3 x 15 = 45 pip
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Trade well, ❤️
ForecastCity English Support Team ❤️
DASH Price Prediction 2021-2025DASH Price Prediction 2021
DASH has been one of the oldest crypto projects that was live and kicking much before the 2017 crypto frenzy that spawned thousands of new coins. However, the road to somewhat stable crypto project was bumpy but unlike many other vaporware projects, DASH team kept working on their product and the project seems to have some sort of future, despite facing some bad PR due to 2 million instantly created tokens at the launch of the project. In 2021, once the market wipes out the worthless projects, DASH might jump into spotlight and top 10 coins ranks which could see the DASH token price go up to its all time high levels of $1640 per coin.
DASH Price Prediction 2023
If DASH lives long enough to see 2023, that would mean the project stood the test of time and more importantly survived the regulators’ onslaught. All of this would lead to the token being worth at least 10-100x than its hitherto all time high. That would mean DASH would cost $16000-160000 per coin.
DASH Price Prediction 2025
Again, if DASH lives long enough to see 2023, that would mean the project stood the test of time and more importantly survived the regulators’ onslaught. All of this would lead to the token being worth at least 100x+ than its hitherto all time high. That would mean DASH would cost $160000+ per coin.
Realistic DASH Price Prediction
Predicting prices of novel, highly volatile and risky asset classes is a thankless task – best answer is no one knows. Educated guess is that realistic DASH price for the foreseeable future is somewhere between its current price and its all time high.
Conclusion
We don’t yet know which crypocurrencies will make it out of the crypto winter we’re wandering in right now. There are plenty of coins that stand a good chance of weathering the crypto storm and perhaps becoming more relevant as the market contracts and devours some of the weaker projects. However, there are even more of those projects who are already dead but no one noticed yet.
But, looking at things from this point in time and place, it’s reasonable to say that Dash is standing in a better position than many of other coins but not as good as some of its direct competitors. The jury is still out on DigitalCash’s future.
Dash DASHUSDT - Descending triangleBitcoin dominance is currently forming Head and Shoulders reversal pattern, that is bad for altcoins. I see this descending triangle on DASH, which is extremely bearish setup. Also, this coin breaking down from major horizontal support.
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DASHBTC, Will it repeat?It will be a good signal for us if we will see a volume increasing ner the Support level.
The price falls almost a full year to this level and can bounce off.
It will be a good trade with low risk and potentially big profit.
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Before to trade my ideas make your own analysis.
Thanks for your support!
0049 - Short DASH on MarginPrecio de Entrada: 63.45 USD
Stop-Loss: 71.60 USD
Objetivo Mínimo: 42.30 USD
Objetivo Máximo: 33.00 USD
Nivel de Riesgo: 1%
Razonamiento:
- Setup super sencillo. Precio de entrada justo por debajo del soporte señalado en los $65. La operación seria ejecutada con una orden stop-sell al precio indicado. Estaríamos operando un breakdown.
- Stop-loss por encima del ultimo swing high. Ahí se invalidaría la idea. Sin misterios ni complicaciones.
- Objetivo mínimo: El low del 12 de Marzo. Nos brinda una R:R bastante razonable.
- Objetivo máximo: El low del 13 de Marzo que, a su vez, es el low del 2020. Seria el primer retest desde entonces. Esperen demanda allí.
-
Don't miss the great buy opportunity in DASHUSDTTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (68.70). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. DASHUSDT is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 62.
Take Profits:
TP1= @ 73.35
TP2= @ 75.65
TP3= @ 79.20
TP4= @ 89.00
TP5= @ 100.00
SL= Break below S3
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💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Don't miss the great buy opportunity in DASHUSDTTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (68.70). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. DASHUSDT is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 62.
Take Profits:
TP1= @ 73.35
TP2= @ 75.65
TP3= @ 79.20
TP4= @ 89.00
TP5= @ 100.0
SL= Break below S3
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
DSHUSD: Possible Long (30.09.2020)On the 4 hours chart, the price found support at 65, where a divergence formed between the price and the RSI, indicating a temporary cessation of the downward movement. In addition, the price has broken the trend line.
An upward impulse is forming on H1, which heralds a possible continuation of the price growth, while the price found support at 67.
We recommend buying now, as well as when the RSI reaches the oversold level.